You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Industry Interview<br />
20<br />
In the hot seat.....<br />
Jeff Lund, President and CEO, Kellstrom Aerospace<br />
<strong>AviTrader</strong> <strong>MRO</strong>: Can you tell us a bit<br />
about Kellstrom Aerospace and how the<br />
company came to be?<br />
Lund: Kellstrom Aerospace’s operating history<br />
dates back to the 1970s. In 2013, Kellstrom<br />
Commercial Aerospace acquired Air-<br />
Liance Materials, becoming what is formerally<br />
known as Kellstrom Materials. Kellstrom was<br />
then acquired by AE Industrial Partners in<br />
2015 with the goal of becoming a full-service<br />
aftermarket solutions provider to airlines,<br />
<strong>MRO</strong>s, and the aircraft lessor community.<br />
Over the last two years, Kellstrom has expanded<br />
its capabilities and product offerings to further<br />
support its customer base as a full-service<br />
provider to the commercial aftermarket. With<br />
further acquisitions of Transaero Commercial<br />
Distribution (2016), The Aircraft Group (2016)<br />
and now Vortex Aviation (<strong>2017</strong>), the growth<br />
of Kellstrom was continuing. Kellstrom Materials<br />
was rebranded to Kellstrom Aerospace<br />
in April <strong>2017</strong>, to represent to airlines, leasing<br />
companies and <strong>MRO</strong>s around the world<br />
that Kellstrom Aerospace signifies full service<br />
aftermarket solutions, from supporting new<br />
aircraft inductions to end-of-life solutions.<br />
<strong>AviTrader</strong> <strong>MRO</strong>: In June, Kellstrom acquired<br />
Vortex Aviation, what necessitated this<br />
move?<br />
Lund: The acquisition of Vortex Aviation<br />
plays a key role in connecting the synergies<br />
of our new technical services division: Kellstrom<br />
Aerospace Technical Services (KATS).<br />
With Vortex’s specialisation in on-wing support<br />
services and quick-turn hospital shop<br />
repairs, paired with the aircraft portfolio<br />
maintenance and records management of<br />
The Aircraft Group and expertise of endof-life<br />
assets of Kellstrom Aerospace, KATS<br />
offers a complete 100% technical services<br />
capability for the entire aircraft. This acquisition<br />
strengthens Kellstrom Aerospace as the<br />
global leader in aircraft lifecycle solutions<br />
and builds upon our diverse portfolio aimed<br />
at reducing aircraft operational costs and<br />
better end of life solutions.<br />
<strong>AviTrader</strong> <strong>MRO</strong>: How will aircraft operators<br />
and <strong>MRO</strong>s benefit from your acquisition of<br />
Vortex?<br />
Lund: With the addition of Vortex Aviation to<br />
Kellstrom Aerospace Group’s portfolio, lessors,<br />
owners and operators of aircraft and<br />
engines will maximise time on wing, reduce<br />
the cost of maintenance, and receive optimum<br />
end of life solutions for assets upon<br />
retirement. The broader market reach Vortex<br />
Aviation brings to Kellstrom Aerospace will<br />
also benefit our OEM distribution partners,<br />
as we expand our geographical footprint<br />
and customer base.<br />
Aircraft operators, lessors and <strong>MRO</strong>s will<br />
further benefit from Vortex’s alignment with<br />
The Aircraft Group as part of the KATS programme.<br />
Through their patented records<br />
management system, The Aircraft Group is<br />
able to enhance the value of any portfolio<br />
through active fleet management. By pairing<br />
the synergies of The Aircraft Group and<br />
Vortex, Kellstrom is able to provide a team<br />
of industry specialists to effectively provide<br />
technical and consultancy services resulting<br />
in flexibility to operators as they transition<br />
to newer aircraft, economic optimisation of<br />
mature assets, technical and commercial<br />
services to extend operational life, and exit<br />
strategies upon retirement.<br />
Jeff Lund, President and CEO.<br />
All photos: Kellstrom Aerospace<br />
<strong>AviTrader</strong> <strong>MRO</strong>: Will Vortex Aviation keep<br />
its brand identity?<br />
Lund: Yes, Vortex Aviation will continue to<br />
operate under their current trademark. The<br />
brand that Vortex has achieved throughout<br />
their operating history is strong in the industry<br />
and recognised as knowledgeable and reliable,<br />
and will continue to operate as such.<br />
<strong>AviTrader</strong> <strong>MRO</strong>: Are there any details on<br />
the financial aspect of the acquisition or<br />
how much investment is going into Vortex?<br />
Lund: We will not be releasing financil information<br />
about the acquisition.<br />
The business includes new OEM aircraft parts distribution.<br />
<strong>AviTrader</strong> <strong>MRO</strong> - August <strong>2017</strong>